The Business: the Goldman Sachs prosecution and the Lib Dem manifesto

The prosecution of Goldman Sachs; what the Liberal Democrats say about the economy and the lessons to be learned from the volcano crisis, with
Aditya Chakrabortty

Tony Pierce of National PeopleÕs Action speaks during a union rally outside the offices of Goldman Sachs Group Inc. in Washington, D.C., U.S., on Monday, Nov. 16, 2009. Andy Stern, president of Service Employees International Union (SEIU), said Goldman executives love their company more than their country and called for their bonuses to be canceled. Photographer: Andrew Harrer/Bloomberg via Getty Images *** Local Caption *** Tony Pierce Photograph: Bloomberg/Bloomberg via Getty Images

Aditya Chakrabortty discusses the Goldman Sachs prosecution with the Guardian's head of business Dan Roberts and Ruth Sunderland, business editor of the Observer. Andrew Clark in New York reports that this accusation could seriously hurt the bank's business.

Giles Wilkes, chief economist of the Liberal thinktank Centreforum, joins the discussion. In his turn he describes and defends the Liberal Democrat manifesto pledges on the economy.

And Carolyn Steel, author of Hungry City, initiates a debate on whether the air transport crisis caused by volcano ash should make us concerned about global interdependency.